Archive
Daily Archives: 17th September 2018
17th September 2018
- by Suki Mann
Indian summer
| MARKET CLOSE: | ||
| iTraxx Main
60.3bp, +0.8bp |
iTraxx X-Over
281.8bp, +0.8bp |
🇩🇪 10 Yr Bund
0.46%, +2bp |
| iBoxx Corp IG
B+132.5bp, -0.7bp |
iBoxx Corp HY
B+390.3bp, -4bp |
🇺🇸 10 Yr US T-Bond
2.99%, unchanged |
| 🇬🇧 FTSE 100 [wp_live_scraper id=”17″], [wp_live_scraper id=”18″] | 🇩🇪 DAX [wp_live_scraper id=”19″], [wp_live_scraper id=”20″] | 🇺🇸 S&P 500 [wp_live_scraper id=”21″], [wp_live_scraper id=”22″] |
Taking stock…
We’re just past the halfway stage of the month and, having manoeuvred a few bumps and scrapes, the market is holding relatively well. All eyes, as usual, have been on the US and their domestic economy is powering ahead. The economic storm clouds have threatened elsewhere but the bellwether S&P is clinging on to 2,900 – dipping in and out of ‘the number’ this month and just a shade (a trading session) away perhaps from setting a new record high for the index. Likewise, the Dow is on the up too – having lagged the S&P, it is now less than just 2% from achieving the same record feat.
